Yearly Archives: 2023
Only A New Board Can ‘Restore Serenity’, Saverys’ CMB Says
The top two shareholders in Euronav have made their next moves in the protracted takeover saga for one of Belgium’s top shipping names, reports...
Crude Oil Tanker Company Swings Back To Profit
DHT Holdings Inc, the Bermudian-based crude oil tanker company, has reported net income of $62 million for fiscal 2022 largely owing to a strong...
Carriers Offer Free Cancellations, Amendments And Diversion from Iskenderun
Data analytics company Russell Group estimates the Iskenderun Port closure, following the devastating earthquakes in the region, could cost it around $679m by the...
Yahoo Becomes The Latest Entrant In Tech Layoffs Spree
Yahoo plans to lay off more than 20% of its total 8,600 workforce as part of a major restructuring. The veteran tech company is...
Freeport Gets US FERC Approval To Load LNG Ships
Further approval is needed for the restart of commercial operations
Market sources anticipate exports in February
Freeport offline since June 8 fire
Freeport received...
How Is The ISM Code Used On Ships?
The International safety management (ISM) code ensures the safety of life and ship at sea by implementing various safe practices on board ships.
ISM code...
Ichthys To Boost LNG shipments by 18% on Year To Record 132 Cargoes
Ichthys aims to complete 9.3 mil mt/year supply framework in 2023
INPEX plans 25% hike in 2023 capex for oil and gas developments
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Oil Shippers Rake In Billions From Russian Oil Trade
While Russia looks to contain the loss of oil revenues as the price of its flagship crude plummeted after Western sanctions took effect, oil...
Understanding How Ship Fin Stabilizer Works
A fin stabiliser, which is located at the bottom of the ship's hull, serves as resistance against excessive rolling of the ship in either...
Summary Of The 9th Session Of The IMO Sub-Committee on Ship Design
The International Maritime Organization’s (IMO) Sub-Committee on Ship Design and Construction (SDC) held its ninth session in-person and remotely from IMO headquarters in London,...